According to Odaily, Arbitrum has started a pilot proposal aimed at giving Arbitrum DAO the right to lend stablecoins and use them for donations and investments. The proposal indicates that Arbitrum’s treasury contains $3.8 billion worth of ARB tokens. Long-term diversification is key, but the community now needs to secure funds for donations, financial management, mergers, and other operations. Creating a stablecoin lending strategy provides more options and power to Arbitrum DAO.

However, data suggests that nearly 80% of votes are against the proposal. Voting is scheduled to end on June 18. The outcome of the proposal will determine the future financial strategies of the Arbitrum DAO and its ability to manage and diversify its assets. The community’s response to the proposal reflects the ongoing debate about the role of decentralized autonomous organizations in managing digital assets and the use of stablecoins for investment and donation purposes.